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An update from Methanex ( (TSE:MX) ) is now available.
On June 12, 2025, Methanex Corporation announced it has received all necessary regulatory approvals to proceed with its acquisition of OCI Global’s methanol business. The transaction, expected to close on June 27, 2025, marks a significant step in Methanex’s strategic expansion, promising enhanced integration and operational synergies. This acquisition is anticipated to strengthen Methanex’s market position and offer potential benefits in commodity diversification and increased production capacity.
The most recent analyst rating on (TSE:MX) stock is a Buy with a C$60.00 price target. To see the full list of analyst forecasts on Methanex stock, see the TSE:MX Stock Forecast page.
Spark’s Take on TSE:MX Stock
According to Spark, TipRanks’ AI Analyst, TSE:MX is a Outperform.
Methanex’s strong financial performance and undervaluation are significant strengths, supported by operational efficiency and solid cash flow. Challenges such as declining revenue, production issues, and bearish technical indicators moderate the overall score.
To see Spark’s full report on TSE:MX stock, click here.
More about Methanex
Methanex Corporation, based in Vancouver, is the world’s largest producer and supplier of methanol. The company is publicly traded, with shares listed on the Toronto Stock Exchange under the symbol ‘MX’ and on the Nasdaq Stock Market under ‘MEOH’.
Average Trading Volume: 217,331
Technical Sentiment Signal: Sell
Current Market Cap: C$3.07B
Find detailed analytics on MX stock on TipRanks’ Stock Analysis page.